Eligibility of the Asset Representations Reviewer Sample Clauses

Eligibility of the Asset Representations Reviewer. The Asset Representations Reviewer must be a Person who (a) is not Affiliated with the Seller, the Depositor, the Servicer, the Indenture Trustee, the Owner Trustee or any of their Affiliates and (b) was not, and is not Affiliated with a Person that was, engaged by the Seller or any underwriter to perform any due diligence on the Receivables prior to the Closing Date.
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Eligibility of the Asset Representations Reviewer. The Asset Representations Reviewer must be a Person who (a) is not Affiliated with the Issuer, the Depositor, the Servicer, the Indenture Trustee, the Owner Trustee or any of their Affiliates, (b) was not, and is not Affiliated with a Person that was, engaged by the Issuer, the Depositor, the Servicer or any Underwriter to perform any due diligence on the 201[_]-[_] Leases and 201[_]-[_] Leased Vehicles prior to the 201[_]-[_] Closing Date and (c) is not disqualified by the SEC or other governmental authority having jurisdiction from acting under this Agreement as Asset Representations Reviewer.
Sample 1Sample 2
Eligibility of the Asset Representations Reviewer. The Asset Representations Reviewer must be a Person who (a) is not Affiliated with the Seller, the Depositor, the Servicer, the Backup Servicer, the Issuing Entity, the Grantor Trust, the Indenture Trustee, the Owner Trustee, the Grantor Trust Trustee or any of their Affiliates and (b) was not, and is not Affiliated with a Person that was, engaged by the Seller or any underwriter to perform any due diligence on the Receivables prior to the Closing Date. CRVNA 2022-P3 Asset Representations Review Agreement
Sample 1Sample 2
Eligibility of the Asset Representations Reviewer. The Asset Representations Reviewer must be a Person who (i) is not Affiliated with the Issuer, the Depositor, the Servicer, the Indenture Trustee, the Owner Trustee or any of their Affiliates and (ii) was not, and is not Affiliated with a Person that was, engaged by the Issuer, the Depositor, the Servicer or any Underwriter to perform any due diligence on the 20[__]-[_] Leases and 20[__]-[_] Leased Vehicles prior to the 20[__]-[_] Closing Date.
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Related to Eligibility of the Asset Representations Reviewer

  • Eligibility of Asset Representations Reviewer Xxxxxxx represents and warrants to the Issuer and the Sponsor that it is an Eligible Asset Representations Reviewer. The Asset Representations Reviewer will notify the Issuer, the Sponsor and the Servicer promptly if it is not, or on the occurrence of any action that would result in it not being, an Eligible Asset Representations Reviewer.

  • Duties of the Asset Representations Reviewer Section 3.01 Review Scope 3 Section 3.02 Review Notices 4 Section 3.03 Review Materials 4 Section 3.04 Missing or Incomplete Review Materials 5 Section 3.05 The Asset Representations Review 5 Section 3.06 Review Period 5 Section 3.07 Review Report 5 Section 3.08 Completion of Review for Certain ARR Receivables 6 Section 3.09 Duplicative Test 6 Section 3.10 Termination of Review 6 Section 3.11 Review and Procedure Limitations 6 Section 3.12 Review Systems 7 Section 3.13 Representatives 7 Section 3.14 Dispute Resolution 7 Section 3.15 Records Retention 7

  • Independence of the Asset Representations Reviewer The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless expressly authorized by the Issuer, the Asset Representations Reviewer will have no authority to act for or represent the Issuer and will not be considered an agent of the Issuer. Nothing in this Agreement will make the Asset Representations Reviewer and the Issuer members of any partnership, joint venture or other separate entity or impose any liability as such on any of them.

  • Asset Representations Reviewer The Asset Representations Reviewer shall have been appointed and shall have entered into the Asset Representations Review Agreement.

  • Successor Asset Representations Reviewer Following the resignation or removal of the Asset Representations Reviewer under Section 5.1, the Issuer will engage as the successor Asset Representations Reviewer a Person that is an Eligible Asset Representations Reviewer. The successor Asset Representations Reviewer will accept its engagement or appointment by executing and delivering to the Issuer and the Servicer an agreement to assume the Asset Representations Reviewer’s obligations under this Agreement or entering into a new Asset Representations Review Agreement with the Issuer that is on substantially the same terms as this Agreement.

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